Discuss the theoretical underpinnings for empirical findings of Yu and Yuan (2011).
Discuss the theoretical underpinnings for empirical findings of Yu and Yuan (2011). [6 marks] Suppose that you decide to extend the US evidence from Yu and Yuan (2011) to another market. Select a market and motivate your selection. [8 marks] Critically review related literature, and summarise and evaluate approaches to construct proxies for investor sentiment. […]